In its annual November budget analysis, the independent and nonpartisan LAO projects that funding for schools and community ...

The California Legislative Analyst’s Office released its outlook on the 2026-27 budget, highlighting the state’s weak ...

California’s budgetary woes are worse than expected, forcing state lawmakers to grapple with a nearly $18 billion shortfall ...

The last time California faced a $35 billion money problem was in 2011, when then-Gov. Jerry Brown declared a "wall of debt" ...

California lawmakers and the governor will need to prepare for an $18 billion budget deficit next year, state Legislative ...

The booming AI market is not stable, warns the state’s Legislative Analyst, urging lawmakers to pare income projections.

California’s independent legislative analyst is warning that the state faces a nearly $18 billion deficit. It is “critical” ...

The Legislative Analyst's Office forecasts healthy one-time revenues in 2026-27, but a cooling of AI stocks and a structural ...

California lawmakers and the governor have one main responsibility: to figure out how to use taxpayer dollars. California Legislative Analyst Gabe Petek and Gov. Newsom's Department of Finance ...

The Legislative Analyst’s Office released its outlook on the 2026-27 budget, highlighting the state’s weak position and an ...

AI “exuberance” has led to higher-than-anticipated income tax collections, but budget experts warn that growth is unsustainable.